Disclosure of Interest in Shares

DISCLOSURE OF INTERESTS IN SHARES Universal Salvage plc ("the Company") has received notification from USS, Universities Superannuation Scheme Limited, that following a recent purchase of 300,000 shares in the Company, the notifiable interest held by Universities Superannuation Scheme Limited has increased to 909,000 shares representing 3.24% of the issued share capital of the Company which stands at 28,074,880 ordinary shares of 10p each. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/05/29/20020529BIT01130/wkr0001.doc http://www.waymaker.net/bitonline/2002/05/29/20020529BIT01130/wkr0002.pdf